Wall Street futures pointed moderately lower pre-bell Friday as traders weighed bond yields and awaited the latest inflation report from Washington. The Federal Reserve’s preferred inflation metric, the personal consumption expenditures (PCE) core index, will post at 8:30 am ET, with pundits projecting a 2.8% on-year rise in April, by the gauge. Yields on benchmark 10-year US Treasuries inched higher, above 4.55% in morning action. In the…
Bond Yields, Inflation Report Damp Wall Street Pre-Bell; Asia Mixed, Europe Flat
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